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FCA warns firms on mortgages used to consolidate debt under Consumer Duty   – Mortgage Strategy

Mortgage firm’s treatment of borrowers who use home loans to consolidate debt has improved under the Consumer Duty, but more work needs to be done, says the Financial Conduct Authority.  The City watchdog’s wide-ranging consumer-focused guidelines came into force three months ago, on 31 July, covering the UK’s 60,000
United Kingdom Financial Conduct Authority Consumer Duty Financial Conduct Consumer Principle

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